Tag: Trends
Italy June Final CPI Unchanged at +0.8% Year-on-Year According to Forexlive
Foreign exchange trading is a risky business that may not be suitable for everyone. It involves leverage, which can increase the level of risk...
June 2024 Inflation Breakdown: A Comprehensive Chart Analysis
Inflation in June continued to decrease as lower gasoline prices and easing price pressures provided some relief for consumers. According to the U.S. Labor...
EUR/USD Recovery Continues: Bullish Momentum Intact
The EUR/USD pair continues its recovery, showing bullish momentum as it surpasses the 1.0800 resistance level. A bullish trend line is forming with support...
Gold price outlook: Climbing towards two-week high with focus on US NFP
Gold prices are on the rise, moving closer to a two-week high as investors focus on the upcoming US Nonfarm Payrolls (NFP) report. The...
June ISM Report: Soft Activity Continues with Cooling Prices
Manufacturing activity in June continued to show signs of weakness, remaining in contraction territory. However, there was a slight decrease in inflation pressure as...
Gold Price Forecast: Insights from ABN AMRO Analysts
Gold prices have experienced a significant increase earlier this year, reaching a high of $2,450 in May 2024. However, since then, the momentum has...
Shift in Consumer Behavior: Fast-Food Customers Moving to Casual-Dining Chains, Darden Restaurants CEO Reports
Casual-dining chains are seeing a shift in consumer behavior, according to Darden Restaurants CEO Rick Cardenas. Customers who are fed up with higher prices...
China Resumes Buying Precious Metals: What It Means for the Market
China has recently resumed buying precious metals, causing a bullish trend in the market. Shanghai Futures Exchange (SHFE) traders are holding large positions in...
Q1 New Zealand Current Account Deficit Narrows to -4.359bn NZD
The recent data release showing New Zealand's current account deficit narrowing to -4.359 billion NZD has had minimal impact on the NZD/USD trading pair,...
Brent Oil Price Surge Driven by Stock Market Demand – Analysis & Forecast
The price of Brent crude oil surged by 2% on Monday, leading to a moderate adjustment in the commodity market on Tuesday morning. Currently,...